Alkane Resources Ltd
ASX:ALK

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Alkane Resources Ltd
ASX:ALK
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Price: 1.3 AUD 1.96%
Market Cap: 1.8B AUD

Wall Street
Price Targets

ALK Price Targets Summary
Alkane Resources Ltd

Wall Street analysts forecast ALK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALK is 1.54 AUD with a low forecast of 1.21 AUD and a high forecast of 2.15 AUD.

Lowest
Price Target
1.21 AUD
7% Downside
Average
Price Target
1.54 AUD
18% Upside
Highest
Price Target
2.15 AUD
66% Upside
Alkane Resources Ltd Competitors:
Price Targets
1818
Zhaojin Mining Industry Co Ltd
7% Downside
OGC
OceanaGold Corp
11% Upside
RPX
Red Pine Exploration Inc
116% Upside
KCN
Kingsgate Consolidated Ltd
26% Upside
FNV
Franco-Nevada Corp
3% Upside
600489
Zhongjin Gold Corp Ltd
8% Upside
AGI
Alamos Gold Inc
20% Upside
ITR
Integra Resources Corp
20% Upside

Revenue
Forecast

Revenue Estimate
Alkane Resources Ltd

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 48%.

24%
Past Growth
48%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Alkane Resources Ltd

The compound annual growth rate of Alkane Resources Ltd's operating income for the next 3 years is 88%.

N/A
Past Growth
88%
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Net Income
Forecast

Net Income Estimate
Alkane Resources Ltd

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 93%.

N/A
Past Growth
93%
Estimated Growth
Estimates Accuracy
-62%
Average Miss
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALK's stock price target?
Price Target
1.54 AUD

According to Wall Street analysts, the average 1-year price target for ALK is 1.54 AUD with a low forecast of 1.21 AUD and a high forecast of 2.15 AUD.

What is Alkane Resources Ltd's Revenue forecast?
Projected CAGR
48%

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 48%.

What is Alkane Resources Ltd's Operating Income forecast?
Projected CAGR
88%

The compound annual growth rate of Alkane Resources Ltd's operating income for the next 3 years is 88%.

What is Alkane Resources Ltd's Net Income forecast?
Projected CAGR
93%

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 93%.

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